AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

BNM Says Consultation, Agreement With US Treasury In Line With Existing Practice

KUALA LUMPUR, Oct 29 (Bernama) -- Bank Negara Malaysia (BNM) has said its close consultation and agreement with the US Treasury reflect existing practices and “do not in any way affect the ability to independently formulate monetary policy, or our ability to safeguard the stability and value of the ringgit.”

BNM, US Treasury To Continue Close Consultations On Macroeconomic, FX Matters

KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) and the United States (US) Department of the Treasury have agreed to continue close consultations on macroeconomic and foreign exchange (FX) matters.

Trump Visit, Trade Deal To Boost Malaysia’s GDP Growth -- Analyst

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 28 (Bernama) -- US President Donald Trump’s visit to Malaysia during the ASEAN Summit and the Agreement on Reciprocal Trade (ART) signed between Malaysia and the United States (US) on Sunday has the potential to lift Malaysia's gross domestic product (GDP) growth by 0.5 to 0.7 percentage points each year through to 2030, an analyst said.

Lower Tariff To Boost Malaysian Palm Oil Competitiveness In US Market – MPOB

By Nurul Hanis Izmir

PUTRAJAYA, Oct 27 (Bernama) --  Malaysia is set to benefit from the United States’ (US) decision to lower tariffs to below 19 per cent on 1,711 Malaysian export products, including palm oil and cocoa products -- a move which is expected to enhance the price competitiveness of Malaysian goods in the US market.

Gold Futures Likely To Trade Cautiously Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade cautiously next week, hovering within a narrow range of US$4,050 to US$4,100 per ounce as market participants reassess positions amid ongoing profit-taking.

Cabotage Flexibility Could Ease Sabah's Shipping Costs

LABUAN, Oct 23 (Bernama) -- A time-bound exemption to Malaysia’s cabotage policy could help ease Sabah’s long-standing shipping imbalance and high logistics costs, drawing lessons from similar policy adjustments in the United Kingdom (UK) and Indonesia.

Tariffs, Rare Earths To Dominate Trump’s ASEAN Summit Visit -- Economist

By Niam Seet Wei

KUALA LUMPUR, Oct 23 (Bernama) -- Tariffs, rare earths and other critical minerals are expected to be among the key topics discussed during United States (US) President Donald Trump’s upcoming visit to the 47th ASEAN Summit here, said economist Dr Goh Lim Thye.

BNM Expected To Complete Domestic Wholesale CBDC Proof-of-Concept By Year-End -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.

IMF Sees Global Growth Moderating To 3.2 Pct In 2025, Calls For Policy Prudence

KUALA LUMPUR, Oct 14 (Bernama) -- Global growth is projected to slow to 3.1 per cent in 2026, against 3.2 per cent this year from 3.3 per cent in 2024, said the International Monetary Fund (IMF).

Bank Negara Malaysia To Adopt MYOR-i As Mandatory Islamic Benchmark Rate From July 2027

KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.

SJPP Unlocks Nearly RM100 Bln In SME Financing Through 80 Pct Risk Guarantees

KUALA LUMPUR, Oct 13 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has unlocked nearly RM100 billion in financing for small and medium enterprises (SMEs) by guaranteeing up to 80 per cent of the risks that banks are unwilling to bear.